Gemini Investments Announces Strategic Manhattan Lease

Gemini Investments (Holdings) Limited (HK:0174) has released an update.

Gemini Investments (Holdings) Limited has announced a new lease agreement through its subsidiary Gemini Rosemont Development Services, LLC, for the seventh floor of a building in Manhattan. The lease term spans over 63 months with an initial monthly rent of US$22,102, subject to a 3% annual increase. This transaction is significant enough to require disclosure under the Hong Kong Stock Exchange’s rules, as it represents an acquisition of a sizeable asset.

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